Freddie Mac
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Appellate court: Fannie, Freddie investors can’t sue federal agency for diverting profits to US Treasury
Judges with the U.S. Seventh Circuit Court of Appeals upheld a federal judge’s rejection of arguments that the Federal Housing Finance Agency undercut Fannie Mae and Freddie Mac investors by giving the U.S. Treasury too much authority when it was trying to save the home-lending behemoths.